Best Forex Demo Accounts

Compare Forex demo accounts up to $5,000,000 with no time limit. Practice before you pay.

#1

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LiteForex (LiteForex.com) is an international ECN Forex broker. Trade a wide range of markets on Metatrader 4 or 5. LiteForex accepts a wide range of deposit methods, including Bitcoin, Monero and other cryptos.

• Risk warning: 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
• Platforms: MetaTrader 4, MetaTrader 5, Copy trading, Mirror trading
• Regulators: CySEC
• Incorporated: 2005

• Accounts

Classic Account  ▷ Classic Account: Trade Forex on floating spreads from 2 pips on MT4 or MT5. Get started from a low $50 deposit. Market execution with no requotes.
$50 deposit	1:500 leverage	Market execution	▷

ECN Account  ▷ ECN Account: Trade Forex on floating spreads from 0 pips plus commission on MT4 or MT5. Get started from a low $50 deposit. Get market execution with no requotes. LiteForex pays 2.5% interest per annum on the balance of your account.
$50 deposit	1:500 leverage	Market execution	▷

#2

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HotForex (HotForex.com) is an award winning Forex and commodity broker, providing trading services and platforms to both retail and institutional clients.

• Markets: Forex (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
• Platforms: MetaTrader 4, MetaTrader 5, Currenex, Copy trading, Mirror trading
• Regulators: CySEC, France, Germany, Mauritius, South Africa, UK
• Incorporated: 2010

• Accounts

Micro Account  ▷ Micro Account: Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. This account, designed for new traders, has smaller trading sizes and a lower initial deposit.
$5 deposit	1:1000 leverage	Market execution	▷

Premium Account  ▷ Premium Account: Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. This account, designed for experienced traders, allows you to trade up to 60 lots per position.
$100 deposit	1:500 leverage	Market execution	▷

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Islamic Account  ▷ Islamic Account: Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. This account, designed for Muslim clients, does not incur swap or rollover charges for holding positions overnight....more ▷ Islamic Account: Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. This account, designed for Muslim clients, does not incur swap or rollover charges for holding positions overnight. Terms and conditions apply.
$100 deposit	1:500 leverage	Market execution	▷

#3

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AvaTrade (AvaTrade.com) is an award winning online broker. Access a wide range of markets spanning Forex, crypto-currencies, shares, metals and more on competitive spreads.

• Risk warning: 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
• Platforms: MetaTrader 4, MetaTrader 5, Copy trading
• Regulators: Australia, BVI, Ireland, Japan, South Africa, UAE
• Incorporated: 2006

• Accounts

AvaTrade Account [BVI]  ▷ AvaTrade Account [BVI]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. AvaTrade accepts all MetaTrader EAs except those with a focus on arbitrage.
$100 deposit	1:400 leverage	Instant execution	▷

AvaTrade Account [EU]  ▷ AvaTrade Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. AvaTrade accepts all MetaTrader EAs except those with a focus on arbitrage.
$100 deposit	1:30 leverage	Instant execution	▷

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Islamic Account [BVI]  ▷ Islamic Account [BVI]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.
$100 deposit	1:400 leverage	Instant execution	▷

Islamic Account [EU]  ▷ Islamic Account [EU]: Trade a wide range of financial instruments with a Shariah compliant account. AvaTrade does not charge rollover fees or swaps on overnight positions. You cannot invest in crypto-currencies through this account.
$100 deposit	1:30 leverage	Instant execution	▷

Professional Account [EU]  ▷ Professional Account [EU]: Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. AvaTrade accepts all MetaTrader EAs except those with a focus on arbitrage.
$100 deposit	1:400 leverage	Instant execution	▷

#4

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FxPro (FxPro.com) is a global broker, winner of 60+ awards including "Best MetaTrader Broker" in 2020 and "Best FX Provider" three times in a row.

• Risk warning: 79.78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spread Betting work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
• Platforms: MetaTrader 4, MetaTrader 5, cTrader, Copy trading
• Regulators: Bahamas, CySEC, South Africa, UK
• Incorporated: 2006

• Accounts

MT4 Floating - Instant Execution  ▷ MT4 Floating - Instant Execution: Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and instant execution. All EAs are allowed.
$500 deposit	1:200 leverage	Instant execution	▷

MT4 Floating - Market Execution  ▷ MT4 Floating - Market Execution: Trade 70+ currency pairs, spot indices, energies, metals and shares on floating spreads and market execution. All EAs are allowed.
$500 deposit	1:200 leverage	Market execution	▷

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MT5 Floating - Market Execution  ▷ MT5 Floating - Market Execution: Trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. All EAs are allowed.
$500 deposit	1:200 leverage	Market execution	▷

FxPro cTrader  ▷ FxPro cTrader: Trade 70+ currency pairs, spot indices, energies and metals on razor-thin spreads with market execution. Run cAlgo algorithmic trading robots.
$500 deposit	1:200 leverage	Market execution	▷

#5

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Trade CFDs without commission on Forex, shares, indices, commodities and ETFs with Plus500.com. Plus500 is listed on the London Stock Exchange and is regulated across several jurisdictions.

• Risk warning: 72% of retail CFD accounts lose money. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
• Regulators: Australia, CySEC, New Zealand, Singapore, South Africa, UK
• Incorporated: 2008

• Accounts

Plus500 Account  ▷ Plus500 Account: Trade 50+ currency pairs and CFDs on shares, indices and commodities on fixed or floating spreads. CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure that you fully...more ▷ Plus500 Account: Trade 50+ currency pairs and CFDs on shares, indices and commodities on fixed or floating spreads. CFDs are a leveraged product and can result in the loss of your entire capital. Please ensure that you fully understand the risks involved.
$100 deposit	1:30 (CySEC & ASIC), 1:300 (FSA) leverage ?	Instant execution	▷

Islamic Account  ▷ Islamic Account: Trade online with an interest-free Islamic account. This account has no rollover charges (swap fees) and no overnight charges.
$100 deposit	1:30 (CySEC & ASIC), 1:300 (FSA) leverage ?	Instant execution	▷

#6

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LQDFX (LQDFX.com) is an international Forex broker and CFD provider headquartered in the Marshall Islands. It delivers STP execution on MT4 across 71 currency pairs, indices and commodities.

• Markets: Forex (CFD), Indices (CFD), Metals (CFD), Commodities (CFD)
• Platforms: MetaTrader 4, Mirror trading
• Regulators: Marshall Islands
• Incorporated: 2015

• Accounts

Micro Account  ▷ Micro Account: Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4 from a low $20 deposit. STP trading with no requotes.
$20 deposit	1:500 leverage	Market execution	▷

Gold Account  ▷ Gold Account: Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. STP trading with no requotes.
$500 deposit	1:300 leverage	Market execution	▷

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Gold Account [Islamic]  ▷ Gold Account [Islamic]: Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. STP trading with no requotes. Swap-free account only available to clients of Muslim faith.
$20 deposit	1:300 leverage	Market execution	▷

ECN Account  ▷ ECN Account: Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices through MT4. Get depth-of-market information with this ECN account.
$500 deposit	1:300 leverage	Market execution	▷

VIP Account  ▷ VIP Account: Trade up to 71 currency pairs as well as CFDs on metals, commodities and indices on even tighter spreads. This account has no restrictions on the maximum trade size.
$25000 deposit	1:100 leverage	Market execution	▷

#7

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NordFX (NordFX.com) is an international Forex broker serving traders worldwide from its headquarters in Mauritius.

• Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD)
• Platforms: MetaTrader 4, Copy trading
• Regulators: Mauritius
• Incorporated: 2008

• Accounts

Fix Account  ▷ Fix Account: Trade 28 currency pairs and CFDs on crytpo-currencies, metals and indices on fixed spreads. Get instant execution. Automated trading is allowed.
$10 deposit	1:1000 leverage	Instant execution	▷

Pro Account  ▷ Pro Account: Trade 33 currency pairs as well as CFDs on crypto-currencies, metals and indices on floating spreads. Get market execution with 5-decimal pricing. Automatic trading is allowed.
$250 deposit	1:1000 leverage	Market execution	▷

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Zero Account  ▷ Zero Account: Trade 33 currency pairs as well as CFDs on crypto-currencies, metals and indices from 0 pips. Get market execution with 5-decimal pricing. Automatic trading is allowed.
$500 deposit	1:1000 leverage	Market execution	▷

Stocks Account  ▷ Stocks Account: Trade CFDs on 68 international stocks, from Apple to UBER, with market execution.
$ deposit	1:5 leverage	Market execution	▷

#8

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HYCM (HYCM.com), formerly HY Markets, is an award-winning regulated online broker. Trade over 300 instruments on fixed or variable spreads over MetaTrader 4 or 5.

• Risk warning: 85% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD)
• Platforms: MetaTrader 4, MetaTrader 5
• Regulators: Cayman Islands, CySEC, UAE, UK
• Incorporated: 1977

• Accounts

Fixed Account  ▷ Fixed Account: Trade CFDs on fixed spreads from 1.8 pips on MetaTrader 4 or 5. No support for Expert Advisors. This account is available in Islamic format upon request.
$100 deposit	1:500 leverage	Instant execution	▷

Classic Account  ▷ Classic Account: Trade CFDs on variable spreads from 1.2 pips on MetaTrader 4 or 5. This account supports all Expert Advisors, except scalpers. Available in Islamic format upon request.
$100 deposit	1:500 leverage	Instant execution	▷

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Raw Account  ▷ Raw Account: Trade CFDs on raw spreads from 0.2 pips plus a $4 commission per round, on MetaTrader 4 or 5. This account supports all Expert Advisors, except scalpers. Available in Islamic format upon request.
$200 deposit	1:500 leverage	Instant execution	▷

#9

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Trade Forex, cryptocurrencies as well as CFDs on stocks, indices and commodities with an STP/ECN broker. EagleFX (EagleFX.com) supports all trading styles and Expert Advisors on MetaTrader 4.

• Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD)
• Platforms: MetaTrader 4
• Regulators: None
• Incorporated: NA

• Accounts

Instant Execution Account  ▷ Instant Execution Account: Trade 55 currency pairs, cryptocurrencies and CFDs on stocks, indices and commodities with instant execution. EagleFX supports all trading styles, including hedging and scalping on MT4.
$10 deposit	1:500 leverage	Instant execution	▷

Market Execution Account  ▷ Market Execution Account: Trade 55 currency pairs, cryptocurrencies and CFDs on stocks, indices and commodities with market execution. EagleFX supports all trading styles, including hedging and scalping on MT4.
$10 deposit	1:500 leverage	Market execution	▷

#10

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• Risk warning: 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
• Markets: Forex (CFD), Cryptos (CFD), Stocks (CFD), Indices (CFD), Metals (CFD), Energy (CFD), Commodities (CFD), Bonds (CFD)
• Platforms: MetaTrader 4, Mirror trading
• Regulators: Australia, Belarus, Canada, CySEC, UK
• Incorporated: 2013

• Accounts

Fortrade Account  ▷ Fortrade Account: Trade a wide range of asset classes on fixed spreads through MetaTrader 4: Forex as well as CFDs on stocks, indices, energies, commodities and US Treasuries.
$100 deposit	1:30 leverage	Instant execution	▷

Islamic Account  ▷ Islamic Account: Trade a wide range of asset classes without interest on overnight positions through MetaTrader 4: Forex as well as CFDs on stocks, indices, energies, commodities and US Treasuries.
$100 deposit	1:30 leverage	Instant execution	▷

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Professional Account  ▷ Professional Account: Trade a wide range of asset classes on fixed spreads through MetaTrader 4: Forex as well as CFDs on stocks, indices, energies, commodities and US Treasuries.
$100 deposit	1:200 leverage	Instant execution	▷

A Forex demo account allows you to trade Forex in real market conditions without putting your capital at risk.

Is a practice account right for you?

A demo account can work for beginners and more experienced traders alike, albeit for different reasons:

• If you're new to currency trading, a demo account is an opportunity to learn Forex trading at your pace without committing yourself financially or emotionally.
• Practice a new trading strategy until you've got the confidence to go live. Some trading strategies such as scalping require speed, stamina and self discipline. You'll want to choose a demo with 5 decimal pricing, depth of market information and fine tune your strategy until you're ready to go.
• Last but not least, a practice account is a chance to test-drive a trading platform's charting features before opening a live account.

How to choose a Forex demo account

If you're thinking about opening a demo account, ask your broker the following questions:

• How big is the account? The larger the account, the longer you can trade and the greater the positions you can open all else being equal. If possible, choose a large demo account to avoid being interrupted in the middle of a trade.
• How long does the account last? It's a good idea to choose a practice account with no time limit to avoid being rushed into trading if don't feel ready.
• Are all platform features available? It's important to remember that some demo trading platforms have some features disabled. Prices could be delayed or order types limited. If in doubt, ask your account manager for confirmation.

FxPro.com allows you to preview its platform online with a demo account identical in all ways to the live account. Get access to real time quotes, advanced charting and analysis tools in a risk-free environment. It also comes with $1,000 of virtual money.

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